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Analysis-Easy to lose, hard to restore: US data trust on the line

By Andrea Shalal and Davide Barbuscia WASHINGTON/NEW YORK (Reuters) -Donald Trump’s move to fire the head of the U.S. Bureau of Labor Statistics has put trust in U.S. data reporting mechanisms on the line just as demand for reliable diagnoses of the health of the ...
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Diamondback says it should be Permian’s ‘consolidator of choice’ as oil outlook dims

By Arunima Kumar (Reuters) -Shale driller Diamondback Energy said on Tuesday it should remain the Permian Basin’s “consolidator of choice” as shale activity slows and the company focuses on shareholder returns following its $26 billion merger with Endeavor Energy. “We should naturally be the consolidator of ...
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Australia regulator says YouTube, others ‘turning a blind eye’ to child abuse material

SYDNEY (Reuters) -Australia’s internet watchdog has said the world’s biggest social media firms are still “turning a blind eye” to online child sex abuse material on their platforms, and said YouTube in particular had been unresponsive to its enquiries. In a report released on Wednesday, ...
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Cummins beats quarterly revenue estimates on surging power generation demand

-U.S. truck engine maker Cummins Inc on Tuesday reported second-quarter revenue above Wall Street estimates on strong demand for its power generation systems, sending its shares up 4% in early trading. The company’s power generation products, such as generators, have seen strong demand from AI-driven ...
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Krill fishery in Antarctica shut down after record catch triggers unprecedented early closure

MIAMI (AP) — Officials have shut down early the remote krill fishery near Antarctica after trawling for the tiny crustacean — a vital food source for whales that also helps fight climate change — exceeded the seasonal catch limit for the first time. The unprecedented ...
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Security flaw found, fixed that could have left millions of Dell laptops vulnerable, researchers say

By AJ Vicens (Reuters) -A flaw in the chips used to secure tens of millions of Dell laptops could have given attackers the ability to steal sensitive data as well as maintain access even after a fresh operating system install, researchers with Cisco Talos said ...
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ADM Q2 profit falls to 5-year low amid trade turmoil

By Karl Plume and Katha Kalia (Reuters) -Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins. The company warned that full-year 2025 earnings would drop ...
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Frontier Group forecasts bigger-than-expected Q3 loss on soft domestic demand

(Reuters) -Frontier Group, parent of discount carrier Frontier Airlines, forecast a bigger-than-expected loss for the third quarter on Tuesday, as soft domestic travel demand weighs on fares, causing its shares to fall 3% in premarket trading. Several major U.S. carriers, including Frontier, scrapped their financial ...
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US awards NioCorp unit $10 million to build scandium supply chain in Nebraska

(Reuters) -The U.S. Department of Defense has awarded $10 million to Elk Creek Resources to help develop a scandium supply chain, it said on Tuesday, as Washington looks to reduce reliance on China for critical minerals. The funding for the NioCorp Developments unit, under the ...
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US trade deficit narrows to $60.2 billion in June

By Dan Burns (Reuters) -The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods. The overall trade gap narrowed 16.0% in ...
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Aluminum can maker Ball Corp lifts annual profit forecast buoyed by strong global demand

(Reuters) -Ball Corp raised its annual profit forecast on Tuesday, after beating second-quarter results, fueled by resilient demand for its aluminum cans in key markets of North America and Europe, sending its shares up 2% in premarket trading. Ball witnessed a 4.1% rise in global ...
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Marriott cuts 2025 revenue forecast on soft travel demand

(Reuters) -Hotel operator Marriott International cut its full-year forecast for revenue growth and profit on Tuesday, signaling slow travel demand in the United States amid looming economic uncertainties. American consumers have been cutting back on discretionary expenses, including travel, after U.S. President Donald Trump’s shifting ...
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